Common use of Repayments from Debt Incurrence Clause in Contracts

Repayments from Debt Incurrence. Immediately upon receipt of ------------------------------- proceeds from the incurrence of any additional Indebtedness, other than the Indebtedness described in Subsection 3.1(C), Borrower shall repay the Loans in an amount equal to the amount of (i) such proceeds minus (ii) all fees, costs ----- and expenses actually incurred in connection with such debt incurrence. All such repayments shall be applied in accordance with Subsection 1.8.

Appears in 2 contracts

Samples: Credit Agreement (Us Unwired Inc), Credit Agreement (Unwired Telecom Corp)

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Repayments from Debt Incurrence. Immediately upon receipt of ------------------------------- proceeds from the incurrence of any additional Indebtedness, other than the Indebtedness described in Subsection 3.1(C), Borrower shall repay the Loans in an amount equal to the amount of (i) such proceeds minus (ii) all fees, costs ----- and expenses actually incurred in connection with such debt incurrence. All such repayments shall be applied in accordance with Subsection 1.8.

Appears in 1 contract

Samples: Credit Agreement (Us Unwired Inc)

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Repayments from Debt Incurrence. Immediately upon receipt of ------------------------------- proceeds from the incurrence of any additional Indebtedness, other than the Indebtedness described in Subsection 3.1(C), Borrower shall repay the Revolving Loans in an amount equal to the amount of (i) such proceeds minus (ii) all fees, costs ----- and expenses actually incurred in connection with ----- such debt incurrence. All such repayments shall be applied in accordance with Subsection 1.8.

Appears in 1 contract

Samples: Loan Agreement (Unwired Telecom Corp)

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